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CPA's....???? about W4 forms...

luvsun27 Posted:

CPA's....???? about W4 forms...

I have a question about my W4 form. Currently...I claim 0 on my W4, allowing them to take out as much as possible. Should I be claiming 1 as head of household? What about when I file my returns? Usually...I owe money, which is why I have always claimed 0. I bought a house this year...does that make a difference? Any advice would be appreciated. Please FM me with details. Thanks for your help.

shelzyp Posted:

Re: CPA's....???? about W4 forms...

Do you have a child?

luvsun27 Posted:

Re: CPA's....???? about W4 forms...

Nope...no children.

shelzyp Posted:

Re: CPA's....???? about W4 forms...

Then you should not claim head of household. I would maybe change it to SIngle One, since you now have the house, but it is not a guarantee as to how much you will owe or get refunded at the end of the year. It really depends on your income and your deductions.

luvsun27 Posted:

Re: CPA's....???? about W4 forms...

shelzyp...FM

shelzyp Posted:

Re: CPA's....???? about W4 forms...

FM

luvsun27 Posted:

Re: CPA's....???? about W4 forms...

FM again....thanks!

shelzyp Posted:

Re: CPA's....???? about W4 forms...

FM again!!!

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